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News   Press Releases

EATON VANCE CLOSED-END FUNDS RELEASE ESTIMATED SOURCES OF DISTRIBUTIONS

EOI, EOS, ETJ, EVT, ETO, ETG, ETV, ETB, ETY, ETW | February 28, 2022

BOSTON, Feb. 28, 2022 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their February distributions (each a "Fund"). This press release is issued as required by the Funds' managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amount per common share. This information is sent to you for informational purposes only and is an estimate of the sources of the February distribution. It is not determinative of the tax character of a Fund's distributions for the 2022 calendar year. Shareholders should note that each Fund's total regular distribution amount is subject to change as a result of market conditions or other factors.

IMPORTANT DISCLOSURE: You should not draw any conclusions about each Fund's investment performance from the amount of this distribution or from the terms of each Fund's Plan. Each Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur for example, when some or all of the money that you invested in each Fund is paid back to you. A return of capital distribution does not necessarily reflect each Fund's investment performance and should not be confused with "yield" or "income." The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and/or tax reporting purposes will depend upon each Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. Each Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

The following tables set forth estimates of the sources of each Fund's February distribution and its cumulative distributions paid for its fiscal year through February 28, 2022, and information relating to each Fund's performance based on its net asset value (NAV) for certain periods.

Eaton Vance Enhanced Equity Income Fund (NYSE: EOI)






Distribution Period:

February- 2022


Distribution Amount per Common Share:

$0.1095


Distribution Frequency:

Monthly


Fiscal Year End:

September


Source

Current Distribution

% of Current
Distribution

Cumulative
Distributions
for the Fiscal
Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0035

3.20%

$0.0104

1.90%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.1060

96.80%

$0.5371

98.10%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1095

100.00%

$0.5475

100.00%





Average annual total return at NAV for the 5-year period ended on January 31, 2022 1

13.90%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2022 2

7.10%

Cumulative total return at NAV for the fiscal year through January 31, 2022 3

4.10%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2022 4

2.37%








Eaton Vance Enhanced Equity Income Fund II (NYSE: EOS)


Distribution Period:

February- 2022


Distribution Amount per Common Share:

$0.1373


Distribution Frequency:

Monthly


Fiscal Year End:

December


Source

Current Distribution

% of Current
Distribution

Cumulative
Distributions
for the Fiscal
Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0000

0.00%

$0.0000

0.00%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0818

29.80%

Net Realized Long-Term Capital Gains

$0.1373

100.00%

$0.1562

56.90%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0366

13.30%

Total per common share

$0.1373

100.00%

$0.2746

100.00%





Average annual total return at NAV for the 5-year period ended on January 31, 2022 1

16.47%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2022 2

7.57%

Cumulative total return at NAV for the fiscal year through January 31, 2022 3

-7.69%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2022 4

0.63%





Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ)


Distribution Period:

February- 2022


Distribution Amount per Common Share:

$0.0760


Distribution Frequency:

Monthly


Fiscal Year End:

December


Source

Current Distribution

% of Current
Distribution

Cumulative
Distributions
for the Fiscal
Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0009

1.20%

$0.0014

0.90%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0306

20.10%

Net Realized Long-Term Capital Gains

$0.0751

98.80%

$0.1200

79.00%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.0760

100.00%

$0.1520

100.00%





Average annual total return at NAV for the 5-year period ended on January 31, 2022 1

9.70%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2022 2

9.22%

Cumulative total return at NAV for the fiscal year through January 31, 2022 3

-3.99%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2022 4

0.77%





Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT)


Distribution Period:

February- 2022


Distribution Amount per Common Share:

$0.1626


Distribution Frequency:

Monthly


Fiscal Year End:

October


Source

Current Distribution

% of Current
Distribution

Cumulative
Distributions
for the Fiscal
Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0506

31.10%

$0.1867

28.70%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.1120

68.90%

$0.4637

71.30%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1626

100.00%

$0.6504

100.00%





Average annual total return at NAV for the 5-year period ended on January 31, 2022 1

13.13%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2022 2

6.98%

Cumulative total return at NAV for the fiscal year through January 31, 2022 3

-0.57%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2022 4

1.74%





Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO)

Distribution Period:

February- 2022


Distribution Amount per Common Share:

$0.1792


Distribution Frequency:

Monthly


Fiscal Year End:

October


Source

Current Distribution

% of Current
Distribution

Cumulative
Distributions
for the Fiscal
Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0290

16.20%

$0.1344

18.70%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.1502

83.80%

$0.5824

81.30%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1792

100.00%

$0.7168

100.00%





Average annual total return at NAV for the 5-year period ended on January 31, 2022 1

15.11%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2022 2

7.21%

Cumulative total return at NAV for the fiscal year through January 31, 2022 3

-3.21%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2022 4

1.80%





Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB)


Distribution Period:

February- 2022


Distribution Amount per Common Share:

$0.1080


Distribution Frequency:

Monthly


Fiscal Year End:

December


Source

Current Distribution

% of Current
Distribution

Cumulative
Distributions
for the Fiscal
Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0036

3.30%

$0.0065

3.00%

Net Realized Short-Term Capital Gains

$0.0556

51.50%

$0.1376

63.70%

Net Realized Long-Term Capital Gains

$0.0488

45.20%

$0.0719

33.30%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1080

100.00%

$0.2160

100.00%





Average annual total return at NAV for the 5-year period ended on January 31, 2022 1

9.13%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2022 2

8.21%

Cumulative total return at NAV for the fiscal year through January 31, 2022 3

-3.30%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2022 4

0.68%





Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV)


Distribution Period:

February- 2022


Distribution Amount per Common Share:

$0.1108


Distribution Frequency:

Monthly


Fiscal Year End:

December


Source

Current Distribution

% of Current
Distribution

Cumulative
Distributions
for the Fiscal
Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0002

0.20%

$0.0002

0.10%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Return of Capital or Other Capital Source(s)

$0.1106

99.80%

$0.2214

99.90%

Total per common share

$0.1108

100.00%

$0.2216

100.00%





Average annual total return at NAV for the 5-year period ended on January 31, 2022 1

11.09%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2022 2

8.75%

Cumulative total return at NAV for the fiscal year through January 31, 2022 3

-5.08%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2022 4

0.73%





Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY)


Distribution Period:

February- 2022


Distribution Amount per Common Share:

$0.0929


Distribution Frequency:

Monthly


Fiscal Year End:

October


Source

Current Distribution

% of Current
Distribution

Cumulative
Distributions
for the Fiscal
Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0027

2.90%

$0.0082

2.20%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0902

97.10%

$0.3634

97.80%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.0%

Total per common share

$0.0929

100.00%

$0.3716

100.0%





Average annual total return at NAV for the 5-year period ended on January 31, 2022 1

12.68%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2022 2

8.14%

Cumulative total return at NAV for the fiscal year through January 31, 2022 3

-2.77%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2022 4

2.04%





Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW)

Distribution Period:

February- 2022


Distribution Amount per Common Share:

$0.0727


Distribution Frequency:

Monthly


Fiscal Year End:

December


Source

Current Distribution

% of Current
Distribution

Cumulative
Distributions
for the Fiscal
Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0048

6.60%

$0.0084

5.80%

Net Realized Short-Term Capital Gains

$0.0509

70.00%

$0.1037

71.30%

Net Realized Long-Term Capital Gains

$0.0170

23.40%

$0.0333

22.90%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.0727

100.00%

$0.1454

100.00%





Average annual total return at NAV for the 5-year period ended on January 31, 2022 1

8.77%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2022 2

8.35%

Cumulative total return at NAV for the fiscal year through January 31, 2022 3

-3.73%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2022 4

0.70%





Eaton Vance Tax-Advantaged Global Dividend Income (NYSE: ETG)


Distribution Period:

February- 2022


Distribution Amount per Common Share:

$0.1300


Distribution Frequency:

Monthly


Fiscal Year End:

October


Source

Current Distribution

% of Current
Distribution

Cumulative
Distributions
for the Fiscal
Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0218

16.80%

$0.0718

13.80%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.1082

83.20%

$0.4482

86.20%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1300

100.00%

$0.5200

100.00%





Average annual total return at NAV for the 5-year period ended on January 31, 2022 1

13.69%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2022 2

7.23%

Cumulative total return at NAV for the fiscal year through January 31, 2022 3

-2.83%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2022 4

1.81%





Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG)

Distribution Period:

February- 2022


Distribution Amount per Common Share:

$0.0689


Distribution Frequency:

Monthly


Fiscal Year End:

October


Source

Current Distribution

% of Current
Distribution

Cumulative
Distributions
for the Fiscal
Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0003

0.40%

$0.0022

0.80%

Net Realized Short-Term Capital Gains

$0.0196

28.50%

$0.0584

21.20%

Net Realized Long-Term Capital Gains

$0.0490

71.10%

$0.2150

78.00%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.0689

100.00%

$0.2756

100.00%





Average annual total return at NAV for the 5-year period ended on January 31, 2022 1

11.85%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2022 2

8.28%

Cumulative total return at NAV for the fiscal year through January 31, 2022 3

-1.70%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2022 4

2.07%





Eaton Vance Tax-Managed Buy-Write Strategy Fund (NYSE: EXD)


Distribution Period:

February- 2022


Distribution Amount per Common Share:

$0.0708


Distribution Frequency:

Monthly


Fiscal Year End:

December


Source

Current Distribution

% of Current
Distribution

Cumulative
Distributions
for the Fiscal
Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0000

0.00%

$0.0000

0.00%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Return of Capital or Other Capital Source(s)

$0.0708

100.00%

$0.1416

100.00%

Total per common share

$0.0708

100.00%

$0.1416

100.00%





Average annual total return at NAV for the 5-year period ended on January 31, 2022 1

6.26%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2022 2

7.45%

Cumulative total return at NAV for the fiscal year through January 31, 2022 3

-4.88%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2022 4

0.62%










1 Average annual total return at NAV represents the change in NAV of the Fund, with all distributions reinvested, for the 5-year period ended

on January 31, 2022



2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of January 31, 2022

3 Cumulative total return at NAV is the percentage change in the Fund's NAV for the period from the beginning of its fiscal year to January 31, 2022

including distributions paid and assuming reinvestment of those distributions.




4 Cumulative fiscal year distribution rate for the period from the beginning of its fiscal year to January 31, 2022 measured on the dollar value of the

distributions in year-to-date period as a percentage of the Fund's NAV as of January 31, 2022

Cision View original content:https://www.prnewswire.com/news-releases/eaton-vance-closed-end-funds-release-estimated-sources-of-distributions-301491350.html

SOURCE Eaton Vance Management

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